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RELM Wireless Corp. Message Board

  • form1_fan form1_fan May 9, 2013 3:20 PM Flag

    How about this scenario?

    The next two quarters are VERY strong. Look at a couple of quarters from last year when revenue went up it just poured to the bottom line. Let's say $6/sh purely on results in 6 months. Some Seeking Alpha pumping and momo traders push us up to $12/sh by X-Mas. I can see something like that happening. It's always risk/reward. So what's the risk? To me very little at today's price. Book value is over $2/sh. and the business is real. The Seeking Alpha stuff aside I really see RWC as a snowball going down hill, growing and growing. Their markets are huge and Motorola's pricing leaves plenty of room for profitable deals.

4.89+0.060(+1.24%)Dec 19 4:00 PMEST

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